Balance of Payments remains at surplus of Rs 310.37bn in 8 months: NRB

KATHMANDU: Nepal's current account recorded a surplus of Rs 180.08 billion in the first eight months of the current fiscal year 2024/25, compared to a surplus of Rs 167.45 billion during the same period of the previous year, according to the latest macroeconomic and financial situation report issued by Nepal Rastra Bank (NRB) on Wednesday.

In US dollar terms, the current account registered a surplus of 1.33 billion in the review period, compared to a surplus of 1.26 billion in the same period last year.

Net capital transfer amounted to Rs 6.41 billion during the review period, compared to Rs 3.89 billion in the corresponding period of the previous year. Similarly, Rs 8.49 billion in foreign direct investment (equity only) was received during the review period, compared to Rs 5.63 billion in the same period of the previous year.

The Balance of Payments (BOP) recorded a surplus of Rs 310.37 billion during the review period, compared to Rs 327.55 billion in the same period of the previous year. In US dollar terms, the BOP registered a surplus of $2.29 billion in the review period, compared to $2.46 billion in the same period of the previous year.